Since entrepreneurs are generally viewed as people with the responsibility of venturing into the unknown world of infinite possibilities, calls for them to adapt the modern universal language – coding is hardly surprising. Let’s face it. The future is going to be primarily concerned with digital products. As an entrepreneur, even if the area of interest or product in question is not related to technology, having a certain degree of knowledge in programming can definitely go a long way. Knowledge of coding might be the key to survival in future markets. Here are five reasons why it is beneficial for entrepreneurs to learn coding.
In order to make well-informed decisions
Entrepreneurs are people who are required to make decisions all the time. They constantly need to answer questions like –
- Should my product have an online presence?
- Which market will it be cheaper to publish the product application on – android or store?
Now these may certainly not be programming-related questions but they certainly are business-related, and anyone with a basic understanding of programming will be very aware that information such as these is indeed trivial to the programmer but a matter of severe headache for entrepreneurs who have no clue about coding.
Pitch well
What is the number one thought that runs in the minds of entrepreneurs? Obviously, the answer is their business. The second most important thought that runs in their mind is the question of how to get their business running. This is where investors come in. Angel investors are experienced people with a fair idea of who to work with and who not to tie up with. Most entrepreneurs in the world will be used to questions such as – if this does not work out, what is the backup plan? In an increasingly digital world, adequate knowledge of programming code is enough for an entrepreneur to formulate his or her own digital solutions while pitching the product – or at least come off as a competent leader with suitable knowledge.
Cost efficiency
Minor updates and content changes – this is what up-and-coming entrepreneurs are forced to spend money on. Weekly application or website updates are crucial to keeping any entity’s digital identity fresh and relatable. However, paying over the odds is simply not entrepreneur-like behaviour. Areas where there can be major cost cut downs should never be neglected; even if it means that the entrepreneur has to take classes on C# String Search or C++ Coding Languages.
Future prospects
Having a grip on coding and several programming languages certainly keeps an entrepreneur on his or her toes – anticipating any sudden opportunity in this ever-modifying digital world. A programmer is certainly more likely to predict market trends in the technology business as compared to someone who cannot code at all.
No one is asking you to become an expert. All that is being asked of new entrepreneurs is to raise the level of efficiency and explore the prospects of the digital world as well as possible. Knowledge of computer programming is vital for that to happen.
